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Traxys renews flagship facility with two dozen lenders

Traxys renews flagship facility with two dozen lenders
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Pamplin Media Group - Clackamas Repertory Theatre to open with Desperate Measures

Pamplin Media Group - Clackamas Repertory Theatre returns to the indoor stage

Pamplin Media Group - Clackamas Repertory Theatre returns to the indoor stage
pamplinmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pamplinmedia.com Daily Mail and Mail on Sunday newspapers.

Pamplin Media Group - Clackamas Repertory Theatre returns to the indoor stage

Pamplin Media Group - Clackamas Repertory Theatre returns to the indoor stage
pamplinmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pamplinmedia.com Daily Mail and Mail on Sunday newspapers.

Traxys brings in new lenders to bump up revolving credit facility

Traxys, a Luxembourg-based metals and natural resources trader, has refinanced and extended its revolving credit facility (RCF) in an oversubscribed deal that saw the entry of new banks into the syndication. The deal, a US$1.33bn multicurrency syndicated RCF, was signed last week, and replaces a US$1.29bn RCF that closed last year. The facility is structured in four tranches: a one-year committed borrowing base tranche, a three-year committed borrowing base tranche, a one-year uncommitted borrowing base tranche, and a one-year committed unsecured tranche. Each tranche includes a one-year extension option. In addition, the facility has a US$250mn accordion feature.

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